French asset managers join Luxembourg in refusing European supervision

You are currently viewing La gestion d’actifs française rejoint le Luxembourg dans son refus d’une supervision européenne
Can Esma become the equal of the US SEC?

The Association Française de la Gestion Financière (AFG) defends the basic principle of maintaining supervision by national authorities. With a few exceptions, it is opposed to direct control by Esma (the European Securities and Markets Authority), even though this is presented as a central element of the savings and investment union project....

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